After another violent decline yesterday morning the stock market recovered in the afternoon and kept on improving in tone until the very close, when all the active stocks and many of the inactive issues showed gains as startling as had been the declines of the previous days. There were plenty of rumors floating around to account for the sudden improvement. View Full Article in Timesmachine »

We are continually improving the quality of our text archives. Please send feedback, error reports,
and suggestions to archive_feedback@nytimes.com.

A version of this archives appears in print on August 7, 1903, on Page 12 of the New York edition with the headline: STOCKS RECOVER AFTER NEW DECLINE; Net Gains of One to Four Points in the Active Issues. Laidlaw & Garrie Fail on Consolidated Exchange -- Assignee Britt Says T.J. Taylor & Co. May Resume Shortly. Order Reprints|Today's Paper|Subscribe